• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Microsoft to pay off cloud industry group to end EU antitrust complaint

June 1, 2024
in Technology
Share on FacebookShare on TwitterWhatsapp

Microsoft is close to reaching a multimillion-euro deal with an Amazon-backed cloud lobby to get it to drop an antitrust complaint with the European Commission, Politico reported on Saturday.

The deal, which hasn’t been accepted yet by members of the lobby group Cloud Infrastructure Services Providers in Europe (CISPE), would see the providers withdraw an investigation request over Microsoft’s cloud-licensing agreements, the report said, citing industry officials with knowledge of the proposal.

The pact would include a possible multimillion-euro payment to the trade association, according to the report, and separate payments could also be made to individual companies.

Microsoft launches lightweight AI model

Microsoft, Amazon, CISPE and the European Commission did not immediately respond to requests for comment outside regular business hours.

CISPE, whose members include Amazon and 26 small EU cloud providers, filed its complaint in late 2022 alleging that Microsoft’s new contractual terms imposed on Oct. 1 were harming Europe’s cloud computing ecosystem.

As part of any settlement, CISPE and its members would also agree not to file legal complaints against Microsoft in any country worldwide, the report said.

Reuters was first to report in February that Microsoft was in talks with CISPE to resolve the European Union antitrust complaint about the software giant’s cloud licensing practices.

Share22Tweet14Send
Previous Post

US defence chief shifts focus to China risks; Beijing bristles

Next Post

India votes in final phase of elections as both Modi and Rahul Gandhi eye victory

Related Posts

Italy competition watchdog broadens probe into Meta over AI tools in WhatsApp
Technology

Italy competition watchdog broadens probe into Meta over AI tools in WhatsApp

November 26, 2025
Meta in talks to spend billions on Google’s chips, The Information reports
Technology

Meta in talks to spend billions on Google’s chips, The Information reports

November 26, 2025
Google, Accel partner to back Indian AI startups
Technology

Google, Accel partner to back Indian AI startups

November 25, 2025
Fahad Zahid, Interim Managing Director, SAP Pakistan
Technology

German software giant SAP betting big on Pakistan’s tech talent and IT sector

November 24, 2025
New internet cable to boost connectivity in Pakistan, says IT ministry
Technology

New internet cable to boost connectivity in Pakistan, says IT ministry

November 22, 2025
Pakistan’s telecom sector faces Rs152bn revenue decline in FY25
Technology

Pakistan’s telecom sector faces Rs152bn revenue decline in FY25

November 21, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.